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Phoslock Environmental Technologies (ASX:PET) Gross Profit : A$0.05 Mil (TTM As of Dec. 2024)


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What is Phoslock Environmental Technologies Gross Profit?

Phoslock Environmental Technologies's gross profit for the six months ended in Dec. 2024 was A$0.04 Mil. Phoslock Environmental Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was A$0.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Phoslock Environmental Technologies's gross profit for the six months ended in Dec. 2024 was A$0.04 Mil. Phoslock Environmental Technologies's Revenue for the six months ended in Dec. 2024 was A$0.18 Mil. Therefore, Phoslock Environmental Technologies's Gross Margin % for the quarter that ended in Dec. 2024 was 23.63%.

Phoslock Environmental Technologies had a gross margin of 23.63% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Phoslock Environmental Technologies was 59.65%. The lowest was 6.74%. And the median was 39.74%.

Warning Sign:

Phoslock Environmental Technologies Ltd gross margin has been in long-term decline. The average rate of decline per year is -27.7%.


Phoslock Environmental Technologies Gross Profit Historical Data

The historical data trend for Phoslock Environmental Technologies's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phoslock Environmental Technologies Gross Profit Chart

Phoslock Environmental Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 2.72 0.70 1.92 0.05

Phoslock Environmental Technologies Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 0.53 1.39 0.01 0.04

Competitive Comparison of Phoslock Environmental Technologies's Gross Profit

For the Pollution & Treatment Controls subindustry, Phoslock Environmental Technologies's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phoslock Environmental Technologies's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Phoslock Environmental Technologies's Gross Profit falls into.


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Phoslock Environmental Technologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Phoslock Environmental Technologies's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=0.757 - 0.706
=0.05

Phoslock Environmental Technologies's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=0.182 - 0.139
=0.04

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.05 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Phoslock Environmental Technologies's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.04 / 0.182
=23.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Phoslock Environmental Technologies  (ASX:PET) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Phoslock Environmental Technologies had a gross margin of 23.63% for the quarter that ended in Dec. 2024 => Competition eroding margins


Phoslock Environmental Technologies Gross Profit Related Terms

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Phoslock Environmental Technologies Business Description

Traded in Other Exchanges
N/A
Address
75 Elizabeth Street, Suite3, Level 12, Sydney, NSW, AUS, 2000
Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company is engaged in providing design, engineering, and project implementation solutions for water-related projects and water treatment products to clean up lakes, rivers, canals, wetlands, and drinking water reservoirs. The geographical segments of the group are Australia/New Zealand, Europe/UK, U.S/Canada/Brazil, and China.